1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dahasolnce [82]
4 years ago
14

What is the par value of a corporate bond that was issued with an 9% annual coupon, pays $45 in semiannual interest, and is due

in 15 years
Business
1 answer:
nasty-shy [4]4 years ago
3 0

Answer:

$1,000

Explanation:

A bond's par value is the bond's face value or maturity value. This is the amount that the bondholder will collect once the bond matures. The coupon is calculated by multiplying the bond's par value times the coupon rate (interest rate). In this case, the coupon rate is 9% / 2 = 4.5% because it pays a semiannual coupon.

coupon = bond's par value x coupon rate

$45 = bond's par value x 4.5%

bond's par value = $45 / 4.5% = $1,000

You might be interested in
One major advantage of pure competition compared to a monopoly is that:
andriy [413]

Answer:businesses have more incentives to keep prices low

Explanation:apex

3 0
3 years ago
“In fact, production theory is much simpler than consumption theory because the output of a production process is generally obse
laila [671]

Answer:

The given statement 'In fact,...observable' conveys the idea that <u>it is comparatively convenient and simple to calculate the amount or quantity of goods that are being produced within a firm, territory, or country to determine the economic worth directly</u>. On the other hand, estimating the amount or quantity of goods consumed by the people across a region or country is difficult and can not be observed directly. However, the latter is given more significance and determined more usually through calculating the expenditure made by the consumers depending on their choices and within their income constraints and these are the primary factors that affect the economic growth or development while the production theory lays emphasis on the maximization of profit.

6 0
3 years ago
Physical or mental injuries caused by a crime are known as what?
maksim [4K]
Assault and battery because Battery is a criminal offense involving the unlawful physical acting upon a threat, distinct from assault which is the act of creating apprehension of such contact. In the United States, criminal battery, or simply battery, is the use of force against another, resulting in harmful, offensive or sexual contact.
5 0
4 years ago
Read 2 more answers
Consumer surplus is the difference between the ___ price a consumer is willing to pay for a product and the price paid.
shusha [124]

Consumer surplus is the difference between the highest price a consumer is willing to pay for a product and the price paid.

A consumer is someone or a group who intends to order, orders, or uses purchased goods, products, or services basically for private, social, family, household and comparable desires, not at once related to entrepreneurial or business sports.

Any individual who purchases services or products for his non-public use and no longer for manufacturing or resale is called a purchaser. A customer is one who's the selection-maker whether or now not to buy an object at the store or a person who is stimulated by using advertisement and advertising

Purchasers represent the top trophic levels. unlike manufacturers, they cannot make their own meals.

Learn more about Consumers here:brainly.com/question/380037
#SPJ4

4 0
1 year ago
On December 31, Strike Company sold one of its batting cages for $20,084. The equipment had an initial cost of $223,162 and had
Anna35 [415]

Answer:

Loss on disposal = $2232

Explanation:

To calculate the amount of gain or loss on sale, we must first calculate the net book value or NBV of the asset. The net book value is the difference between the cost of the asset and the accumulated depreciation. The formula for NBV is as follows,

NBV = Cost - Accumulated depreciation

NBV = 223162 - 200846

NBV = 22316

If the sales proceeds are more than the NBV of the asset, the asset is sold on gain and vice versa.

Loss on disposal = 20084 - 22316 = - $2232 or$2232 loss

8 0
3 years ago
Other questions:
  • Firm A and Firm B are the only two companies that sell mail-order DVD rental subscriptions. For several years, Firm A priced its
    6·1 answer
  • Netpass company has 600,000 shares of common stock authorized, 510,000 shares issued, and 240,000 shares of treasury stock. the
    15·1 answer
  • Elegance Bath Products, Inc. (EBP) makes a variety of ceramic sinks and tubs. EBP has just developed a line of sinks and tubs ma
    12·1 answer
  • What is the six steps in the IHOP to go order correct order list
    9·1 answer
  • The model that focuses on the multiplicity of influences on health-related behavior (or the focus on complex interactions betwee
    10·1 answer
  • In the _____ stage of the product life cycle, competition intensifies and profits diminish. Companies increase their promotional
    10·1 answer
  • Which of the following is an example of revenue? Multiple Choice
    13·1 answer
  • A company produces and sells 6,400 recliners each year. Each production run has a fixed cost of $400 and an additional cost of $
    6·1 answer
  • Help needed soon
    9·1 answer
  • Amir is a computer engineer. he occasionally works for a lazlo inc., a publishing company; however, he only works for the organi
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!